5 George Street, Centre Wellington

$174,000
5 George Street

$174,000

New
18d
Sale Of Business

5 George Street, Centre Wellington

Total Monthly Obligation $1,077

Beds
0
Baths
3
Park
0
DOM
18d
Property Type-Sale Of Business
MLS® Number-X13861806
Beds-0
Bathrooms-3
Lot Size-50 × 155 ft
Listed on site-Oct 5, 2026
Building Type-Sale Of Business
Parking-Street
Heating-Gas Forced Air Closed
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-TBD
Neighbourhood-Belwood
Title-Commercial

No agent assigned

Joanie's Neighbourhood Restaurant is a charming licensed restaurant and patio opportunity in Wellington, offering the atmosphere and character of a true local neighbourhood restaurant.1,658 Sq Ft and licensed for 30 guests inside plus another 12 on the patio creates an inviting setup for both indoor and outdoor dining. The restaurant features a full commercial kitchen with an 8-ft hood, walk-in fridge, freezer, and 200-amp power. Available street parking and the 12-seat patio complement the established setup and make this an excellent turnkey opportunity for a hands-on operator. Excellent rent of just $3,400 with an outstanding 4 + 5 + 5 + 5 year lease term, providing remarkably low overhead and long-term security. A rare opportunity to acquire a welcoming licensed neighbourhood restaurant with a great patio and excellent kitchen infrastructure. Please do not go direct or speak to staff or ownership.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$139,200
Land Transfer Taxes$1,465
Legal Fees (Est.)
$
Total cash required for closing$37,765

Total Monthly Obligation

$1,077/mo
Mortgage $702
Monthly Loss $892
Principal$185
Interest$517
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 George Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.